Power of Appointment. After the insured’s death the insured’s spouse, by filing a written request at the home office of the company, may revoke the interests of all other beneficiaries without their consent and has authority to appoint any beneficiary to receive any amount payable hereunder in one sum after his/her death. This appointment shall be without prejudice to the company for any payment made by it before receipt of said written request at its home office.
Power of Appointment. Anaheim has the power to appoint the initial Trustee.
Power of Appointment. During the term of this Agreement, ZDG has the power to appoint another shareholder of the Company with the authority to exercise the voting rights granted under this Agreement. Such power of appointment may be limited as to time, a specific meeting, a specific issue or may be unlimited or permanent, as ZDG determines in its sole discretion. The Shareholder agrees that he shall not be entitled to notice of any exercise of the above power of appointment.
Power of Appointment. During the Trust Period (and subject to the rule against perpetuities) the Trustees shall hold the Trust Fund and its income upon such trusts in favour or for the benefit of any one or more of the Beneficiaries at such ages or times in such shares and manner as the Trustees shall during the Trust Period appoint
Power of Appointment. During the term of this Agreement, Roff has the power to appoint another shareholder of the Company with xxx authority to exercise the voting rights granted under this Agreement. Such power of appointment may be limited as to time, a specific meeting, a specific issue or may be unlimited or permanent, as Roff determines in his sole discretion. The Shareholder agrees that he xxxll not be entitled to notice of any exercise of the above power of appointment.
Power of Appointment. Notwithstanding the provisions of Paragraph C. of this Section 1.5, the Settlor’s spouse, ^, shall have the unlimited right and power upon her death to appoint such part or all of the principal of the MARITAL TRUST remaining after the payments (or after making adequate provision therefor), if any, required by Paragraph B. of this Section 1.5, to such one or more of the Settlor’s issue, in such equal or unequal shares, outright or in further trust, as ^he shall by h^ Last Will and Testament constitute and appoint to receive the same; provided however, that this power of appointment shall be exercisable by the Settlor’s said spouse upon h^ death only by specific reference thereto in h^ Last Will and Testament. In NO EVENT shall such power be exercisable in favor of the Settlor, the Settlor's spouse, their creditors, their estates or creditors of their estates.
Power of Appointment. (a) THE Trustees shall hold the capital and income of the Trust Fund UPON such trusts in favour or for the benefit of all or such one or more of the Beneficiaries exclusive of the other or others of them in such shares or proportions if more than one and with and subject to such powers and provisions for their respective maintenance education or other benefit or for the accumulation of
Power of Appointment. Each party has the power to appoint another shareholder of the Company or proxy designated by the Company with the authority to exercise the voting of any Voting Securities beneficially owned by such party, so long as the person with the appointment votes the securities in accordance with the terms of this Agreement.
Power of Appointment exercisable despite prior appointments The power to appoint a Receiver (whether conferred by this Deed or by statute) shall be, and remain, exercisable by the Security Recipient despite any prior appointment in respect of all or any part of the Charged Property.
Power of Appointment. Upon the death of any Trustor prior to the Terminating Event as provided in Article 3.3, any portion of such deceased Trustor's remaining income, principal and reversionary interest in such deceased Trustor's respective trust shall be distributed (but not until permitted by the terms hereof) to whomsoever the Trustor shall have appointed, including to the Trustor's own estate, outright or in trust, by the last dated instrument delivered to the Trustee, including a Will or any Codicil thereto (whether or not admitted to probate), specifically referring to and exercising this power of appointment. The right to appoint hereby granted is a general power of appointment, unrestricted as to the class of appointees, and shall be exercisable by the Trustor alone and in all events. The Trustee shall not be bound to inquire into any such appointment, but shall make distributions as so directed by the Trustor, at such time as distributions shall be permitted by the terms hereof. Any portion of a deceased Trustor's respective trust not effectively appointed shall be distributed (but not until permitted by the terms hereof) to the person or persons who shall be appointed to administer the estate of such deceased Trustor, to be disposed of as part of such estate.
